In a move to conduct the third round of spectrum auction soon, a high power ministerial panel has sought the Telecom Regulatory Authority of India’s (TRAI) opinion on the reserve price to be set for the forthcoming spectrum auction.
Telecom Minister Kapil Sibal said that the matter related to the reserve price should be referred to TRAI and it will be required to give its recommendations within 60 days because the government is very keen to move forward and sell the spectrum. By adding further, Sibel said that after receiving the TRAI recommendations, the Empowered Group of Ministers (EGoM) will meet to fix the reserve price so that spectrum in all bands can be sold.
As per the Supreme Court order of February 15, 2013, the Department of Telecom (DoT) is required to conduct third round of auction in 20 out of 22 service areas. The DOT is planning to auction all the spectrum- 800 Mhz (CDMA), 900 Mhz (GSM) and 1800 Mhz (2G GSM), which were remained unsold in March auction.
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